Schroders in digital drive with Capriza
Global asset manager Schroders has selected Capriza’s enterprise mobility platform “to power its drive to digitisation”, according to the vendor.
“Schroders wanted the ability to link and re-configure core processes from funds administration to sales, marketing to investment strategies using easy-to-use front-end technologies,” Capriza explains.
The company’s solution “achieves this without extensive IT intervention and requiring virtually no re-training of app-savvy modern users”, it states.
Graham Kellen, chief digital officer of Schroders, comments Schroders’ pursuit of “efficiency and responsiveness” means “we cannot restrict ourselves to outdated technology”. He feels the project with Capriza “sends the clear signal that we are taking this challenge seriously and we see clear value for our clients globally”.
Schroders will be among the first companies in the financial sector to use Capriza’s technology. “Its early adoption will deliver a distinct competitive edge in a sector, asset management, which has traditionally been more conservative with its technology platforms,” the vendor states.
The vendor says its enterprise mobility platform “enables IT and lines of business to mobile-enable critical business workflows in a matter of days without any coding, APIs or integration”.
The solution is application agnostic, thus it can work with packaged products such as SAP, Oracle and Salesforce as well as custom-built ones.
Former executives of Mercury Interactive founded Capriza in 2011. It is based in Palo Alto, California, and is funded by Andreessen Horowitz, CRV, Tenaya Capital, Harmony Partners and Allen & Company.